Multiple Choice
A claim for the death benefit under this receipt will be paid if death occurs while one's application for life insurance is being processed even if the deceased is found not to be insurable.Identify this receipt.
A) Conditional receipt
B) Binding receipt
C) Estoppel
D) Facultative receipt
E) Waiver receipt
Correct Answer:
Verified
Correct Answer:
Verified
Q16: A(n) _ policy covers only losses caused
Q17: Some organizations choose to continue operating following
Q18: Which of the following are damages assessed
Q19: An open-perils policy provides broader coverage than
Q20: A waiver of premium rider increases the
Q22: Actual cash value and replacement cost are
Q23: These are statements that identify the person(s)
Q24: _ loss to property is the value
Q25: When loss is caused by property damage
Q26: Perpetual insurance policies remain in force:<br>A)until canceled